I bought a leasehold property. Should it matter?
As leasehold properties are becoming more commonly available, it would be wise for purchasers to know what that means to owners in the long term.
To create a sustainable city, understand the needs of the people, says Copenhagen city architect
KUALA LUMPUR (Aug 10): One of the starting points in efforts to make cities, including in Malaysia, more sustainable is to be more aware of the needs of its citizens instead of just focusing on the space that can be built on.
Regional real estate conference expects to draw over 600 international participants
PETALING JAYA (Aug 10): The Asean Real Restate Network Alliance (Arena) Convention and Exhibition (ACE) 2017 is expected to draw over 600 participants from Southeast Asia, the US and UK.
China’s Wanda roped in for Langkawi project
LANGKAWI (Aug 9): Property developer Cenang Resort Sdn Bhd yesterday announced a strategic partnership with China’s largest five-star hotel management company, Wanda Hotels & Resorts Co Ltd, which will see the latter manage the Wanda Realm Resort Langkawi within the Tropicana Cenang mixed development here.
Location blamed for unsold low-cost homes
KUALA LUMPUR (Aug 8): Industry players say the perceived slow demand in low-cost housing units is mainly due to difficulty in securing financing, unsuitable location of projects as well as a shift in demand towards better quality projects.
Singapore ranks 4th in 1H2017 real estate market activity among APAC countries
SINGAPORE (Aug 7): Singapore placed fourth in terms of 1H2017 real estate market activity among APAC countries, according to Real Capital Analytics’ Q2 2017 Asia-Pacific Capital Trends Report.
Perennial-led consortium mulls en bloc sale of AXA Tower for S$1.65 bil
SINGAPORE (July 31): A consortium of investors led by Perennial Real Estate Holdings announced Monday it is considering the en bloc sale of AXA Tower at no less than S$1.
DONE DEAL: Reflection Residences, Mutiara Damansara, Petaling Jaya
Sold for: RM880,000 (RM805 psf) Concluded by: Justin Tau (REN 18860) of Hartamas Real Estate (OUG) (017-674 3763) When: April 2017 Noteworthy: ● Freehold ● Built-up: 1,092 sq ft ● 3-bedroom and 2-bathroom ● Maintenance fees: 35 sen psf ● Mid floor and facing south ● Partly furnished with kitchen cabinet, hood and hob, four air-cons, water heater, washing machine and dryer ● Facilities: infinity pool, gym, steam room, playground, a BBQ area and a tennis court Located in Mutiara Damansara, Petaling Jaya, Reflection Residences is a newly completed serviced apartment development by Glomac Bhd.
